From Our CEO
We’re Expanding Redfin Next Nationwide!
It’s official – we’re taking our Redfin Next agent pay plan nationwide! Starting October 27th, all Redfin agents will earn competitive splits as high as
Mortgage Rates to Hold Steady as Fed Ponders Mixed Jobs Report
A glass half-full/half-empty August jobs report failed to point the Fed clearly to a 25 or 50 bps cut on September 18. Rates will stay
The Typical College Grad in the Bay Area Can Afford Rent If They Have a Roommate. A Year Ago, They Couldn’t.
In San Jose, the typical recent grad would need to spend 28% of their income to rent the median priced 2 bedroom apartment with a
Housing Payments Have Dropped to Their Lowest Level Since January. But Home Sales Are Still Falling.
Declining mortgage rates have pushed the median U.S. housing payment down to $2,534, roughly $300 below April’s record high. But many homebuyers are still sitting
Florida and Texas Condo Supply is Piling Up As Sales Slow Amid High HOA, Insurance Costs
Condo inventory is soaring and pending sales are dropping in major Florida and Texas metros like Miami, Jacksonville, Austin and San Antonio, causing prices to
Homebuyers Must Earn Nearly $80,000 to Afford the Typical U.S. Starter Home, Just Shy of the All-Time High
Homebuyers need to earn roughly $80,000 to afford the median-priced starter home, up 4.4% from last summer and only about $500 below the all-time high.
We’re Expanding Redfin Next Nationwide!
It’s official – we’re taking our Redfin Next agent pay plan nationwide! Starting October 27th, all Redfin agents will earn competitive splits as high as
Mortgage Rates to Hold Steady as Fed Ponders Mixed Jobs Report
A glass half-full/half-empty August jobs report failed to point the Fed clearly to a 25 or 50 bps cut on September 18. Rates will stay
The Typical College Grad in the Bay Area Can Afford Rent If They Have a Roommate. A Year Ago, They Couldn’t.
In San Jose, the typical recent grad would need to spend 28% of their income to rent the median priced 2 bedroom apartment with a
Housing Payments Have Dropped to Their Lowest Level Since January. But Home Sales Are Still Falling.
Declining mortgage rates have pushed the median U.S. housing payment down to $2,534, roughly $300 below April’s record high. But many homebuyers are still sitting
Florida and Texas Condo Supply is Piling Up As Sales Slow Amid High HOA, Insurance Costs
Condo inventory is soaring and pending sales are dropping in major Florida and Texas metros like Miami, Jacksonville, Austin and San Antonio, causing prices to
Homebuyers Must Earn Nearly $80,000 to Afford the Typical U.S. Starter Home, Just Shy of the All-Time High
Homebuyers need to earn roughly $80,000 to afford the median-priced starter home, up 4.4% from last summer and only about $500 below the all-time high.
